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To: Ilaine who wrote (82023)	3/17/2001 9:13:56 PM
From: Sam Sara	Read Replies (1) \| Respond to of 436258

I commute from VA to MD, and this is where I am seeing the effect. Opposite commute is not much changed from what I can see, perhaps regional differences from VA to MD. Retail sales are still strong, but that will change as realization dawns that Dow 10K will be a fond memory by Xmas. Real estate will be the last bubble to pop. I believe that regional economic activity has slowed, but that has not translated to major layoffs, or sharp decreases in retail spending (yet). Those events will happen, of that I am sure. I am hoping we get a nice rebound on the averages to resistance, for example a pop on Naz from 1750 to 2150 or so. I will be shorting that with both long term LEAPS and shorter time-frame trades to fix profits. My long term target on Naz is well below 2000. I think 1500 is a given. 1150 is very possible. I would not be surprised at 500-800. It will take time, though, perhaps another 12-24 months.